Mudra Lifestyle has successfully got their restructuring package from lenders after some good plans were being introduced by the company. The lenders of the said company are the following: State Bank of India, Oriental Bank of Commerce and Axis Bank. These lenders had given the company a total of Rs 475 crore. They have agreed […]
Tata Steel will be investing over Rs 35,000 crore to establish six million tonnes per annum plant. The location of this plant will be in Haveri district of Karnataka. In life with this plan, the said company had recently signed an Expression of Interest (EoI). On the other hand, Tata Metaliks Limited is also proposing […]
The National Housing Bank had received approval in establishing a mortgage guarantee company. This information was stated by a top bank official and he also included that they will raise Rs 120 crore of paid up capital in the next two weeks. The National Housing Bank will be assisted by two big companies which are […]
The idea of Mother Dairy to have an eco-friendly milk van will definitely be a success. The company which was considered to be the largest milk supplier in the NCR launched this project today in New Delhi which they called ‘Kamdhenu’ and this van will cart loose milk in different parts of Delhi and other […]
The Bajaj Finserv Lending would now grant financing of products such as furniture, home, furnishings, fitness equipment and luxury watches. The good thing with this is that all this financing is with zero per cent interest. The lifestyle products in India is about Rs 2,00,000 crore in total value. Bajaj Finserv With this move, the […]
GE India will be investing more in Bangalore by putting up a research and development lab in the area as part of the expansion of their technology centers. This would be part of their Rs 300 crore investment. Most of the companies today such as GE India are definitely investing a lot in their expansion […]
The Reliance Industries is planning an Rs 1 lakh crore investment in the country for the next five years. This is to make sure that a stronger and a more diversified Reliance would be in the country for the years to come. This is from the statement given by their Chairman and Managing Director Mr […]
In order to take the lead, State Bank in India (SBI) decided to launch a personal loan scheme against property loans which is quite becoming known to a lot of people these days. The loan that the bank offers is at interest rates lower than that of some of its competitors. The targets of this […]
